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14 Oracle Apps HRMS Questions And Answers

1⟩ What are processing types of element?

Elements are nothing but the components of the salary.

Eg. Basic, HRA, TA, BONUS, Loans etc., There are 2 types of

Processing

1. Recurring: if an entry of this element applies in every

period until the entry is ended

2. Non Recurring: if an entry applies in one pay period

only.

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3⟩ What are termination roles of an element?

Termination Rules of an Element:

a).Actual Termination: For a nonrecurring element, select

Actual Termination if you want the entries to close down at

the end of the pay period in which the employee leaves.

b).Final Close: if you want the entries to stay open beyond

the employee's leaving date so that you can continue to pay

the employee.

c).The Last Standard Process date defaults to the last day

of the pay period in which the employee is terminated, but

you can set it to a later period when you terminate an

employee.

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4⟩ What is costing?

Costing:

Recording the costs of an assignment for accounting or

reporting purposes. Using Oracle Payroll, you can calculate

and transfer costing information to your generalledger and

into systems for project management or labor distribution.

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13⟩ What are basic setups of oracle HRMS?

In oracle HRMS there are so many modules like Core HR,

Payroll, Self Service HR, Oracle learning management, iRecruitment, Time and Labour, Compensation Work bench, Oracle Advanced Benefits, Performance Management System etc., Core HR and System Administrator are the Heart of Oracle HRMS.

All basic set ups will do in Core HR with the help of System Administrator.

In system administrator we will create all the Users and Responsibilities, Flex fields, Profile values etc., In core HR we will create Organizations, Locations, Jobs, Positions, Grades, Organization Hierarchy, position Hierarchy, We will create all the employees also. These are the Basic setups in HRMS.

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